Welcome to Real Estate Capital’s first directory of small-ticket property lenders active in Europe today.
There is no strict definition of small-ticket real estate lending. However, many in the industry regard it as meaning loans of between €1 million and €20 million (£880,000 and £17.5 million). The information contained in the directory was provided by the companies featured. Lenders that focus on this part of the market were invited to submit information on their specialisms, loan size range and leverage. More detailed entries were sponsored by the companies concerned.
The directory contains information on 22 organisations, including challenger banks, specialist non-bank lending businesses and managers of online financing platforms. Their debt products typically include bridge, development and term investment loans for residential and commercial properties. Most, but not all, are UK-based.
The real estate businesses of many commercial banks have gradually eased back from small-ticket lending – a trend that began after the 2007-08 financial crisis and which was exacerbated by the covid-19 pandemic. Many of the institutional lenders that have entered the European property debt market in the last decade concentrate their efforts on €20 million-plus loans. Those featured across the following pages argue that they provide liquidity to underserved borrowers.
The Real Estate Capital Small-Ticket Lending Market Directory will serve as an essential tool for borrowers, advisors and lenders active at the smaller end of the property market.